Wood River times. [volume] (Hailey, Idaho) 1882-1915, 1887-08-29
HENRY s. IVES & co.

entered it, though sign on the door
warned me that all information concerning
Is inhabitants would be given in another part
If the building, and found myself i'll long,
narrow, high ceilinged room, three-fourths of
which was taken up with black walnut box
ike counters, leaving only narrow aisle al
the side. At the end of this aisle is the pri-
vate room of the bank, and as l walked
towards it came suddenly upon three of the
most talked of men III New York. Henry S.
Ives the boy who has just failed for from
s15, 600 900 to $50 ,000, 600, stood talking with
his two partners, George H. Stayner ano
Tom G. Doremus.
A curious group it was. Stayner, short,
lat and pudgy, with very straight form,
pompous air, and with a shake now and theI
of his high white plug, wrinkled his brow into
n thousand corrugations as Ives apparently
laid down the plan of action to be pursued.
He assented to all that Ives said in a fussy
way, and looked about restlessly with his dull
blue eyes as he did so. He was the most un
easy man OF the group, and his behavior
formed a strange contrast to that of the two
boys who figured as his partners.
~
Tom Doremus, who stood beside him, i
one of the hantlsomest young men in New
York. He is six feet one inch in height, as
straight as an arrow, and his large frame is
smoothly padded with muscular flesh H.
looks older than Ives, and he is probably Sc
years of age, though the papers have made
him Younger. He dresses we'll and lives like
a lord. He is the son Of Professor r. Ogden
Doremus, whose signature as a chemist is
considered of value, and who is well known
in New York city. He is popular among til.
boys, and he has entertained handsomely a;
his summer residence at Whitestone, L. l.
where he has kept bachelors hall in great
style. Doremus las been brought into prom.
inence by Ives, and am told that Ives and
Stayner bought his seat in the Stock Elk
change, from whence, through Ives SHARP
practice, he was ousted. but was afterwards
reinstated. Ives himself has not been in the
Stock Exchange, and it will be news to many
that the greater operators on the street ar.
rot as rule members. Jay Gould is not q
member himself and all of his big deals are
carried on through others. Doremus has
been in this case the Stock Exchange man of
the firm, and it has been his business to stand
on the Exchange and to prevent the falling
Of the Ives stocks by buying them whenever
they fell below certain figure. In this way
the Cincinnati, Hamilton and Dayton was
kept up, and Ives was enabled to borrow such
immense amounts of money upon it.
~
But as to Ives himself! The story of his
wonderful career is too well known to bear
repetition in detail. Nothing like it has ever
appeared in the history of finance, and a
generation later it will be one Of the greatest
"reminiscences of the Wall street of the past.
Born in Litchfield, CT, the son of an in
teIna revenue officer he came to New York
light years ago, then only 20 years of age,
md acted BIS a bell boy for Harper Brothers
He ran errands took visitors over the build
ing, and deemed himself, doubt not, happy
when he became assistant advertising solicitor
and when he got salary Of $40 week. lie
stayed with Harpers three years, and left
them to take clerkship in brokers office
in Wall street. He left this broker for an
other, became mixed up in one or two sharp
speculations, and three years ago established
a banking house OF his own. His ideas were
big. He dealt in millions and came within
an ace of rivaling Jay Gould. The $40 a
week bellboy of eight years ago, still under
80, now fails for from SIS, 900 900 to $50, 900,
600 Stephen Girard left only $500, 900 as
the accumulations Of his lifetime Georre
Peabody, charities and oil, did not reach
500, 900, 900, and the men who are worth that
amount today can be counted upon your
fingers and toes.
Slill Ives failed for this much when only 2s
years old. The beardless boy clerk deals with
gray headed millionaires and outwts them
s"s
This is the boy whom l saw talking with
Stayner and Doremus. Let me describe him
as he stood there in his shirt sleeves in hi.
30 L~t A..
failure upon him. At first glance he is in
variably taken for one of the clerks OF his Of
flee. Slight in form, not over five feet eigh;
inches in height, his smooth skinned face
looks more boyish than his years, and his
only sign of ageis in the gold spectacles which
rest upon his straight nose and the wires OF
which lose themselves in the short, curly ligh;
brown hair above his ears. He keeps thi,
hair we'll coInbed, and there is very pretty
curl just above his high and rather full fore.
head. The parting Of the hair is very distinci
and there is a kink about it that makes You
think that lie might be of the Israelitish per.
s,iason. He has not, think, however, any
Jewish blood in him, and his general appear
snce is that Of the simon pure intellectual
Yankee. He is good looking, on the whole
and as to his features, the artist who was with
ME when saw him tells me they are in ex-
cellemt proportion. and his face would do for
fashion plate Every line about it is clean
cut, The nose is straight, with the slightest
inclination to the retrousse, and the nostrils
THU and sensitive. The lips are rather thin
than thick, and there is slight curl about
the upper one which makes Mr. Ives face the,
perSonified expression of self confidence
There is nothing conceited about it, but as he
talked every line about his month spoke riobt